1998 Ferrari 355 F1 Spider Convertible / Yellow / Black Top / Black Leather on 2040-cars

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Fiat Chrysler denies rumors that Ferrari SpA is moving to London

It seems that reports of Ferrari's relocation to London have been somewhat exaggerated. The past few days have seen more than a few stories on the legendary Italian brand's decision to move its tax base out of Italy, and now Fiat Chrysler is speaking out against the scuttlebutt. "These rumors have no grounds," FCA said in a statement obtained by Reuters. "There is no intention to move the tax residence of Ferrari SpA outside Italy, nor is there any project to delocalize its Italian operations, which will continue to be subject to Italian tax jurisdiction." Ferrari's move to London was based on two beliefs. First, that the company would benefit from being located nearer the investor community, should it be listed on a European exchange. FCA, though, said a European listing was only a "possibility," according to Reuters. Instead, the company will be listed on an American market. Aside from the move to benefit investors, it was believed Ferrari was looking to relocate to escape Italy's more oppressive corporate tax rate, which sits around at 31.4 percent, compared to the UK's 20 percent, Bloomberg reports. This denial by Fiat Chrysler, though, should be enough to close the book on Ferrari leaving Italy, no matter how much sense it might make. Related Video:

Ferrari 458 Speciale A is most powerful Prancing Horse convertible ever

Let all of the speculation finally end because the convertible version of the Ferrari 458 Speciale is here. However, the Prancing Horse isn't calling it a spider; instead it's dubbed the 458 Speciale A, which stands for Aperta or "open" in English. It's also limited to a scant 499 cars, a few more than the 458 first rumored.
Regardless of its name or production numbers, what really matters is Ferrari's claim that this is its the most powerful droptop production model ever. That is thanks to the same 4.5-liter V8 from the hardtop Speciale, with 597 horsepower and 398 pound-feet of torque.
The aluminum-retracting top doesn't change performance much, while letting the wind blow through the owner's hair at ludicrous speeds. Ferrari claims the setup adds about 110 pounds (50 kilograms) to the overall weight and can open or close within 14 seconds. Acceleration to 62 miles per hour is reported at 3.0 seconds, about a tenth slower than the coupe, and the Aperta can hustle to 124 mph in 9.5 seconds.

Anti-purist 1963 Ferrari GTE sports hot rod Chevy V8

I remember reading a story around the time Fast and Furious: Tokyo Drift came out. It focused on one of the star cars of that film, a 1967 Ford Mustang fastback that started the film as a shell, and in a pinch, was transformed into a modified masterpiece, complete with the RB26DETT engine from a Nissan Skyline GT-R (which started the film under the hood of an S15 Silvia). There was a genuine (and in our minds, absurd) fear in the article that taking a piece of classic American iron and fitting a twin-turbocharged JDM engine would result in some awful trend in the classic car community. If you thought a GT-R-powered classic Mustang was sacrilege, though, this car will probably make you vomit. For the rest of us, it's a neat piece of engineering. Shown above is a 1963 Ferrari 250 GTE, and yes, that's a 302-cubic-inch, small-block Chevrolet V8 under the hood. On top of that, it uses the six-speed manual transmission from a Viper, a nine-inch Ford rear end, and Mitsubishi-sourced paint. So yeah, it's a FrankenFerrari. Check out Road Heads' interview with this custom GTE's owner, which is followed by a brief test drive. And of course, head into Comments afterwards, and let us know what you think. Is this Yankee-powered 250 GTE blasphemous or badass?